Iraq’s militants seized four small oil drilling sites when they swept through the north of the country last month. Now, they have started selling crude
Category: News
ExxonMobil Faces a Dilemma due to US Sanctions
The world’s most valued oil company, ExxonMobil, is struggling with an ordinary journey of an oil drilling rig, scheduled to resume operation some time ago,
Libya’s Oil Output Blunders due to Fighting in Tripoli
Libya’s oil output recently slipped again after it had already increased since April this year. The current fall in oil production had been caused by
Indonesia Resumes Exporting Metal Ore Concentrates
Indonesia has slowly restarted some exports of metal ore concentrates after two companies had obtained permissions to ship iron ore, zinc, and lead. These are
Qatar Set to Become One of the World’s Major Fertilizers Producers
Doha, one of the main oil and gas producers in the world, is seeking to diversify its economy which is still heavily dependent on oil,
Libya Resumes Selling Oil from Rebel-Controlled Terminals
The Libyan National Oil Corp (NOC) has “freed” the first crude oil from the major oil terminal Ras Lanuf located in the east of the
Iran’s Main Oil Firm off Blacklist but still EU-Sanctioned
Iran’s main oil tanker company, NITC, remains to be sanctioned by the European Union, which is why it can neither call at European harbours nor
Indonesia Threatens to End Contract of a Major Copper Mining Firm
Indonesia is considering the termination of the contract with Newmont Mining Corp’s copper mine Batu Hijau unless the US company withdraws a legal case regarding
Alba Mineral Resources Soars 172 Percent as the AIM Revives
London’s Alternative Investment Market – the AIM – is down 0.96 points at 770.35 points on Friday (11 July). Analysts claim that London markets are
80 Billion USD Wasted on Power for Online Gadgets
The International Energy Agency (IEA) estimates that about 14 billion online devices – like modems, printers, game consoles, or set-top boxes – waste about 80